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Home ON Ottawa - Gatineau Ottawa Sandy Hill - Ottawa East
244 LAURIER AVENUE E
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244 LAURIER AVENUE E $3,200,000
$3,200,000
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244 LAURIER AVENUE E
Ottawa, Ontario K1N6P4

MLS® Number: 1409858

Listing Description

Location! Location! Location! This prime owner/occupier opportunity is a standalone retail and residential building on the corner of Laurier and Nelson, in the heart of Sandy Hill. The property enjoys high vehicle and pedestrian traffic, is close to Ottawa University, surrounded by student and family housing, and near HWY 417 and the Adawe Crossing bridge. Onsite and street parking are available. The ground floor and lower level feature a turn-key, fully fit-up 1,587 SF restaurant, complete with a full kitchen (hood ventilation, gas grill, flat top, dishwasher, sinks, cooler, prep area) and dining area with tables, chairs, and a built-in bar. The basement includes storage, cooler room, and men’s/women’s, and staff washrooms. The upper floor includes two 2-bedroom apartments, offering additional rental income to help offset the building’s carrying costs. A great investment and business opportunity! (28781595)

Property Summary

Property Type
Retail
Neighbourhood Name
Sandy Hill
Title
Freehold
Land Size
62 ft X 71 ft
Built in
1892
Annual Property Taxes
$21,808
Total Parking Spaces
6
Time on REALTOR.ca
72 days

Building

Parking
Total Parking Spaces
6

Measurements

Square Footage
3094 sqft

Land

Lot Features
Frontage
62 ft
Land Depth
71 ft
Other Property Information
Zoning Description
LC1
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7
John Zinati